Written answers
Thursday, 11 October 2007
Department of Agriculture and Food
Rural Development Programme
5:00 pm
Michael Creed (Cork North West, Fine Gael)
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Question 114: To ask the Minister for Agriculture, Fisheries and Food if she will make a statement regarding the use of funds by her Department from modulation; the amount of money collected each year under this measure; the projects that it funds; and the amount that is available directly to farmers. [23231/07]
Mary Coughlan (Donegal South West, Fianna Fail)
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Modulated funds of â¬225.5m are an integral part of the overall funding available for the 2007-2013 Rural Development Programme. The total funding for this programme amounts to â¬5.778bn from three sources: EU co-funding â¬2.114bn, Modulation â¬0.225bn, Exchequer â¬3.439bn. The programme addresses three priorities, competitiveness, the environment and the wider rural economy, and encompasses the following main measures: REPS, compensatory allowances, early retirement, installation aid, farm modernisation. The funding provided for these farmer payment schemes took full account of the amount available from modulation and was agreed with the farm organisations in the social partnership agreement. The Programme was approved by the EU Commission in July of this year.
It should be noted that the Rural Development Programme includes only those measures that are co-funded by the EU. The National Development Plan includes additional measures which are funded entirely by the exchequer. The total value of the NDP agri-food package is â¬8.7 billion.
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